Executive exits as Horizon Bancorp (HBNC) eliminates Chief Administration Officer role
Horizon Bancorp (HBNC) is eliminating the Chief Administration Officer position at the company and its bank subsidiary, effective March 31, 2026. As a result, Executive Vice President Mark E. Secor will depart and is expected to receive severance pay and a prorated bonus, conditioned on a general release of claims. The company clarified that Mr. Secor's departure is not due to any disagreement regarding financial or accounting matters.